MD Car Protect: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MD Car Protect
Largest movements
- Cash +€15,026
up €15,026 (+143%), from €10,507 to €25,533
mainly Current investments (+€12,579) and Receivables within one year (+€8,666)
- Current investments -€12,579
down €12,579 (-80.4%), from €15,651 to €3,072
- Receivables within one year -€8,666
down €8,666 (-59.2%), from €14,635 to €5,969
of which Trade receivables: -€12,437
- Tangible fixed assets +€3,566
up €3,566 (+48.0%), from €7,428 to €10,994
of which Other tangible fixed assets: +€7,622
- Profit (loss) carried forward +€7,055
up €7,055 (+22.7%), from €31,103 to €38,158
- Tax, wage and social debts -€6,856
down €6,856 (-60.9%), from €11,265 to €4,409
- Trade debts -€2,444
no longer reported in 2025 (was €2,444)
- Gross operating margin -€1,734
down €1,734 (-9.8%), from €17,760 to €16,027
- Taxes +€843
up €843 (+57.9%), from €1,454 to €2,297
- Depreciation +€826
up €826 (+20.5%), from €4,020 to €4,846
- Staff costs -€181
down €181 (-16.6%), from €1,090 to €909
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,220 | €45,568 | -€2,653 | -5.5% |
| Fixed assets | 21/28 | €7,428 | €10,994 | +€3,566 | +48.0% |
| Tangible fixed assets | 22/27 | €7,428 | €10,994 | +€3,566 | +48.0% |
| Plant, machinery and equipment | 23 | €7,015 | €3,372 | -€3,642 | -51.9% |
| Furniture and vehicles | 24 | €413 | - | -€413 | |
| Other tangible fixed assets | 26 | - | €7,622 | +€7,622 | |
| Current assets | 29/58 | €40,792 | €34,573 | -€6,219 | -15.2% |
| Amounts receivable within one year | 40/41 | €14,635 | €5,969 | -€8,666 | -59.2% |
| Trade receivables | 40 | €14,635 | €2,197 | -€12,437 | -85.0% |
| Other amounts receivable | 41 | - | €3,771 | +€3,771 | |
| Current investments | 50/53 | €15,651 | €3,072 | -€12,579 | -80.4% |
| Cash at bank and in hand | 54/58 | €10,507 | €25,533 | +€15,026 | +143% |
| Total equity and liabilities | 10/49 | €48,220 | €45,568 | -€2,653 | -5.5% |
| Equity | 10/15 | €34,103 | €41,158 | +€7,055 | +20.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,103 | €38,158 | +€7,055 | +22.7% |
| Amounts payable | 17/49 | €14,117 | €4,409 | -€9,708 | -68.8% |
| Amounts payable within one year | 42/48 | €14,117 | €4,409 | -€9,708 | -68.8% |
| Trade debts | 44 | €2,444 | - | -€2,444 | |
| Suppliers | 440/4 | €2,444 | - | -€2,444 | |
| Taxes, remuneration and social security | 45 | €11,265 | €4,409 | -€6,856 | -60.9% |
| Taxes | 450/3 | €11,265 | €4,409 | -€6,856 | -60.9% |
| Other amounts payable | 47/48 | €408 | - | -€408 | |
| Remuneration, social security and pensions | 62 | €1,090 | €909 | -€181 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,020 | €4,846 | +€826 | +20.5% |
| Other operating charges | 640/8 | €207 | €276 | +€69 | +33.5% |
| Non-recurring operating charges | 66A | €368 | €184 | -€184 | -49.9% |
| Gross operating margin | 9900 | €17,760 | €16,027 | -€1,734 | -9.8% |
| Operating profit (loss) | 9901 | €12,075 | €9,811 | -€2,264 | -18.7% |
| Financial income | 75/76B | €64 | €24 | -€40 | -62.6% |
| Recurring financial income | 75 | €64 | €24 | -€40 | -62.6% |
| Financial charges | 65/66B | €517 | €483 | -€34 | -6.7% |
| Recurring financial charges | 65 | €517 | €483 | -€34 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €11,621 | €9,352 | -€2,269 | -19.5% |
| Income taxes | 67/77 | €1,454 | €2,297 | +€843 | +57.9% |
| Profit (loss) for the period | 9904 | €10,167 | €7,055 | -€3,112 | -30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,167 | €7,055 | -€3,112 | -30.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.